March Madness Odds: How to Bet on the 2025 March Madness Tournament

March Madness Odds: How to Bet on the 2025 March Madness Tournament

March Madness is finally here as schools from across the country take their shot at glory and win the ultimate prize in college basketball.

March Madness is one of the biggest sports betting events of the year, drawing millions of viewers and media attention from all over the country, as well as new and seasoned bettors.

Now is the perfect time to understand the odds, betting strategies, and key factors to consider before placing your bets on the tournament. In this guide, we’ll break down everything you need to know about betting on March Madness, from understanding the odds to finding the best sportsbooks and promo codes.

Before we get into the best betting offers, let's first take a look at the latest March Madness odds.

March Madness Betting Odds

Here are the latest March Madness winner odds for the men's NCAA tournament:

• Auburn Tigers: +360 (DraftKings)
• Duke Blue Devils: +375 (BetMGM)
• Florida Gators: +900 (FanDuel)
• Houston Cougars: +900 (BetMGM)
• Alabama Crimson Tide: +1200 (DraftKings)
• Iowa State Cyclones: +1800 (FanDuel)
• Tennessee Volunteers: +1800 (Caesars Sportsbook)
• Saint Johns Red Storm: +3000 (DraftKings)
• Michigan State Spartans: +4000 (BetMGM)
• Missouri Tigers: +4000 (Caesars Sportsbook)
• Wisconsin Badgers: +4500 (FanDuel)
• Arizona Wildcats: +5000 (Caesars Sportsbook)
• Kentucky Wildcats: +5000 (Caesars Sportsbook)
• Maryland Terrapins: +5000 (bet365)
• Texas Tech Red Raiders: +5000 (Caesars Sportsbook)
• Michigan Wolverines: +6000 (Caesars Sportsbook)
• Texas A&M Aggies: +6000 (Caesars Sportsbook)
• Kansas Jayhawks: +6500 (FanDuel)
• Purdue Boilermakers: +6600 (BetMGM)
• Clemson Tigers: +8000 (BetMGM)
• Connecticut Huskies: +8000 (DraftKings)

Now we have the odds, let's take a look at our guides on how to bet and the best betting offers for March Madness!

March Madness Betting Guides

Best March Madness Betting Sites and Apps for 2025

March Madness is one of the biggest betting events of the year and to celebrate, we've compiled the best apps for you to download and make the most of a plethora of epic promo codes.

Where Can I Bet on March Madness Near Me? Legal Betting States, Apps, and Sportsbooks

Sports betting laws vary by state, so it’s important to understand which locations allow wagers and what options are available. oddschecker is here to assist you with all your betting needs, so check out the best betting options near you.

Can I Bet on Player Props for March Madness? Legal Betting States, Sportsbooks, Markets

Player prop betting is one of the most popular markets for sports bettors, along with fantasy and DFS players as well. However, everything isn't black and white with the collegiate sports for this market. Check out the details for legally betting on player props in March Madness and where you can place them for the Big Dance!

Women's March Madness Odds: How to Bet on the 2025 Women's March Madness Tournament

Find out how to bet on this year's Women's March Madness and get the best betting offers from all the top sportsbooks as well as the latest odds for the tournament!

Ranking the Best March Madness Bracket Challenges from oddschecker, ESPN, bet365 and More

Find out which March Madness Bracket Challenges you should be playing this week before the tournament starts on March 20!

DraftKings Promo Code: Bet $5 on March Madness, Get $200 in Bonus Bets

New users can claim the DraftKings promo code when they bet just $5 on March Madness and get $200 in bonus bets instantly! Follow this guide to claim yours now:

Step One) CLICK HERE or on the 'Claim Now' button anywhere in this article, to secure the $200 DraftKings promo code

Step Two) Complete your DraftKings Sportsbook registration - there is no actual DraftKings promo code to enter, just let our links do the work

Step Three) Deposit $5+ into your new DraftKings account

Step Four) Bet $5 on any March Madness market

Step Five) Get $200 in bonus bets guaranteed, thanks to the epic DraftKings promo code

*Users located in CO, KS, IA, WV, VA, NY, and MA can also Score a No Sweat Parlay Every Day after securing their bonus bets!

FanDuel Promo Code: Get $200 in Bonus Bets on March Madness if You Win

The FanDuel promo code for March Madness gives new users the chance to claim $200 in bonus bets when they win their opening $5 wager! Follow these steps to claim yours now:

Step 1) CLICK HERE or on the 'Claim Now' button anywhere in this article, to unlock your $200 FanDuel promo code

Step 2) Complete your FanDuel Sportsbook registration - You will be presented with on-screen instructions which are easy to follow

Step 3) Deposit $5+ into your new FanDuel Sportsbook account

Step 4) Bet $5 on March Madness

Step 5) Unlock an additional $200 in bonus bets on top of your winnings, if your qualifying wager is settled as a winner!

BetMGM Bonus Code: Bet $10 on March Madness and Get $150 in Bonus Bets

New BetMGM users can claim a $150 bonus if they win a $10 wager on March Madness All you need to do is follow this guide to unlock your $150 bonus with this new BetMGM bonus code! To be eligible, new users must be located in: CO, MI, NJ, PA, and WV.

If you are not in any of the states mentioned above, you will instead be able to claim a $1,500 first bet bonus. This offer means you can bet up to $1,500 and get your stake returned as a bonus bet if it loses! Follow the steps below to claim your BetMGM bonus code:

Step 1) CLICK HERE or on the 'Claim Now' button anywhere in this article, to unlock your BetMGM promo code

Step 2) Complete your BetMGM Sportsbook registration - You will be presented with on-screen instructions which are easy to follow

Step 3) Deposit $10+ into your new BetMGM account

Step 4) Bet $10 on March Madness (or up to $1,500 if not in named states above)

Step 5) Unlock an additional $150 in bonus bets on top of your winnings, if your qualifying wager is settled as a winner! (Or get your stake back as a bonus bet if it loses in unnamed states)

Alternative March Madness Betting Offers

Here are some other March Madness betting offers that you can claim ahead of March Madness:

• bet365 Bonus Code: Bet $5 Get $150 in Bonus Bets
• Caesars Sportsbook Promo Code: Bet $1, Double Your Winnings Your Next 10 Bets
• Fanatics Sportsbook Promo Code: Claim up to $1,000 in No Sweat Bets

When Does March Madness Start?

The brackets for March Madness are revealed on Selection Sunday, which is Sunday, March 16. The First Four stages will then get underway on Tuesday, March 18 for the men, and Wednesday, March 19 for the women.

How to Watch March Madness

For the men's March Madness tournament, NCAA games are primarily broadcast by CBS and Turner Sports, which means you can catch the action on CBS, TNT, TBS, and TruTV.

As for the women's tournament, games will air on ABC and various ESPN networks, including ESPN, ESPN2, and ESPNU.